Stocks closed higher on Wall Street, marking the third straight gain for the S&P 500. The benchmark hadn’t been able to string together more than two gains in a row since mid-September. The gains Tuesday came as the flow of company earnings reports stepped up. The S&P 500 climbed 1.6 percent. The Dow Jones Industrial…
Family Finances: The Strong Dollar’s Pros and Cons
By Sandra Block From Kiplinger’s Personal Finance If you treat yourself to a trip to Paris for the holidays, you’ll pay less to toast the New Year than you would have last year. The dollar is the strongest it has been in decades against the euro, British pound and Japanese yen. Many emerging-markets currencies have plummeted…
Independent Voters Rush Away From Democrats on Economy Ahead of Midterms: Survey
October 25, 2022
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2022 Midterm ElectionsBusiness & MarketsDemocratseconomic policieseconomyIndependentsinflationMidterm electionspersonal financePoliticsrecessionUS
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A new survey reveals that independent voters are fleeing from the Democrats due to the economy and inflation, two weeks before the midterm elections. Independents are 20 percent more concerned about the U.S. economy and gas prices in October than they were last month, according to a public tracking poll taken by Navigator, a liberal…
Year-End Finance Tips for Families
October 25, 2022
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Brightbudgetingfinanceinvestingpersonal financeportfolioretirementsavingstaxesUncategorizedWealth Management
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The end of the year is a busy time. Last-minute pushes for school and work and the holiday rush makes November and December frantic. But this is a good time to examine finances and plan for the new year. So, take the time to cross these financial tips off your to-do list. Assess Your Spending…
More Americans Are Living Paycheck to Paycheck Amid High Inflation
October 25, 2022
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Business & Marketsdisposable incomeeconomic recessioneconomyincome growthinflationpersonal financereal wagesrecessionUSwage income
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As inflation continues to remain elevated, Americans are struggling to make ends meet and finding that there isn’t much leftover after making monthly payments, according to a recent survey by LendingClub. As of September 2022, 63 percent of U.S. citizens were living paycheck to paycheck, up 5 percent from 57 percent in September 2021. Last…
Retiring at 35 (Without Giving up Everything)
There are certain things that I would never give up. I’m talking about things like a delicious In-N-Out burger or my Netflix subscription. Okay, maybe I would give up Netflix. I mean, something’s gotta be up with the streaming service if it lost almost a million subscribers in the second quarter of 2022. However, when…
Investing: Bond Funds Turbocharge Payouts
By Jeffrey R. Kosnett From Kiplinger’s Personal Finance The typical short-term taxable bond fund has lost a hard-to swallow 4 percent to 6 percent this year through early September. Fast-climbing interest rates exacted this heavy cost, usurping two years or more of yield. But you know that. So here’s a query: What is the typical…
How Major US Stock Indexes Fared Monday Oct. 24, 2022
Stocks shook off an early bout of unsettled trading and ended higher ahead of a heavy week of earnings from big tech companies. Alphabet, Amazon, Apple and Facebook parent Meta are all reporting their latest results this week, as are Coca-Cola and General Motors. The S&P 500 rose 1.2 percent Monday. The Nasdaq and the…
Closing Prices for Crude Oil, Gold and Other Commodities (Oct. 24)
October 24, 2022
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Benchmark U.S. crudeBrightBusiness & MarketsgoldGold and CommoditiesinvestingMarketspersonal finance
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Benchmark U.S. crude oil for December delivery fell 47 cents to $84.58 a barrel Monday. Brent crude for December delivery fell 24 cents to $93.26 a barrel. Wholesale gasoline for November delivery rose 7 cents to $2.73 a gallon. November heating oil rose 9 cents to $3.92 a gallon. November natural gas rose 24 cents…
Kids Planning for Retirement? Use a Roth IRA
If you’ve reached or are reaching retirement, you’re probably in one of two circumstances. You’ve either planned for retirement and are secure, or you’ve put planning off and are in a panic. Everyone told you to start early, but just how early? It’s said that you’re never too young to start planning, and this could…
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